XML 44 R30.htm IDEA: XBRL DOCUMENT v3.26.1
SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following tables provide information regarding the Cardlytics platform reportable segment (in thousands):
 Three Months Ended
March 31,
 20262025
Cardlytics platform
Revenue$34,319 $56,435 
Minus: Adjusted Partner Share13,890 28,065 
Minus: Other third-party costs(1)
707 1,039 
Adjusted Contribution$19,722 $27,331 
(1)Other third-party costs above primarily represents media and data costs that we incur to support the Cardlytics platform.
The following table presents a reconciliation of loss before income taxes presented in accordance with GAAP to Adjusted Contribution (in thousands):
 Three Months Ended
March 31,
 20262025
Adjusted Contribution$19,722 $27,331 
Minus:
Delivery costs2,581 5,786 
Sales and marketing expense6,761 10,382 
Research and development expense6,430 10,278 
General and administrative expense8,281 12,943 
Change in contingent consideration— 60 
Gain on divestiture
— (5,350)
Depreciation and amortization expense3,943 4,347 
Total other expense (income)
5,524 (797)
Loss before income taxes from continuing operations
$(13,798)$(10,318)
Schedule of revenue by geographic areas
The following tables provide geographical information (in thousands):
 Three Months Ended
March 31,
 20262025
Revenue:
United States$27,634 $50,926 
United Kingdom6,685 5,509 
Total$34,319 $56,435 
March 31, 2026December 31, 2025
Property and equipment, net:
United States$1,693 $1,872 
United Kingdom50 59 
Total$1,743 $1,931